According to Kevin Callahan, Managing Director of Berkshire Partners (which has a $4,500,000,000 Fund 8), the year 2013 will be complicated, but with many PE opportunities for the careful investor. Speaking before a Boston meeting of the Association for Corporate … Continue reading
Category Archives: The Law
During the week of January 7th, I attended what one client has described, with only slight hyperbole, as a vast “petting zoo.” This would be the JP Morgan Life Science Conference held early in January each year in San Francisco, … Continue reading
Lost in the economic turmoil concerning the fiscal cliff and the initial stock market rally occasioned by the compromise (notwithstanding prior assertions that this was “priced into the market already”), is the ongoing substantial litigation concerning Facebook’s May IPO. The … Continue reading
The drive to create a unified world-wide system for corporate accounting has stalled, perhaps permanently. In March, 2009, my article in New England In-House noted the SECs then-proposed road map leading to mandatory adoption of International Financial Reporting Standards (“IFRS”) … Continue reading
There are culpable officers and directors who are escaping the consequences of their own evil-doing, while their corporations (and thus implicitly their shareholders) pay large penalties to the SEC. Political pressure may or may not be involved, but the regulators … Continue reading
To hear the experts tell it, there is too much “dry powder” chasing too few truly worthy deals; private equity acquirors are duly warned. At the December 4th Boston meeting of the Association for Corporate Growth, panelists drilled down on whether … Continue reading
This month the SEC and the Department of Justice published a remarkable work, although its title is uninspiring: “A Resource Guide to the U.S. Foreign Corrupt Practices Act.” The FCPA makes it illegal to bribe government officials overseas in order … Continue reading
Many companies seeking to raise capital use finders as intermediaries to find investors. Many business owners seeking to sell the stock of their company use business brokers. These finders and business brokers of course want to be paid and they … Continue reading
Last week AOL Chair and CEO Tim Armstrong, a young and fast-talking executive of the new media, addressed the season’s first meeting of the Boston Association for Corporate Growth. He spread witty anecdotes and hints of his view of the … Continue reading
Three major players on the New England corporate scene agreed today that American business is over-regulated, and that Boards of Directors are being diverted from their primary task of strategic leadership and are being forced to deal with regulatory compliance. … Continue reading